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Nov 18, 2012
11/12
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WBAL
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. >>> and many call him the next steve jobs. you are probably already using something this quiet genius already invented. the "wall street journal report" begins right now. >> this is america's number 1:00 one financial news program, "wall street journal report." now maria bartiromo. >>> here's a look at what is making news as we head to a new week on wall street. corporate america had a strong message for president obama this week. ceos of a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act taxes on income, dividends and estates will go up and spending cuts will kick in january 1st. this week, i spoke to allen simpson ander skis bowl subpoeimpson anders skin bowls. >> you can't spend or grow your way out of. this grab hold it will be a rocky road. >> you say closing the loopholes alone brings a trillion. >> if you are willing to wipe o
. >>> and many call him the next steve jobs. you are probably already using something this quiet genius already invented. the "wall street journal report" begins right now. >> this is america's number 1:00 one financial news program, "wall street journal report." now maria bartiromo. >>> here's a look at what is making news as we head to a new week on wall street. corporate america had a strong message for president obama this week. ceos of a dozen of...
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Nov 13, 2012
11/12
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i am steve chenevey. >> i am cynne simpson. we are going to get right over .o jacqui jeras across the metro area. the most part the rain has been light, but slightly over towards hagerstown. more yellow on the map there gaithersburg and county as well as fairfax county. aware it could come down heavier at times. this is a morning event. 45 at dallas. reagan national. in the cooler 30's to the west. lottrimeter not budging a day.ghout the h rain.wit 51 at noon. maybe a lingering shower and up in thell dry afternoon. we may see sunshine. details on that in just a .inute first let us check on traffic. >> here we are on the 270. the truckt 109 to scales. and damage to the beltway, we just usual volume. -- and down to the beltway, we are ok, just normal volume. ont exit 152 southbound i-95 side.ght , so faro springfield bad, the normal amount of volume moving at pace. still good up to the 14th street bridge. back to you. details emerging in the sex scandal.raeus underr top official investigation. looking into e- mails that john alle
i am steve chenevey. >> i am cynne simpson. we are going to get right over .o jacqui jeras across the metro area. the most part the rain has been light, but slightly over towards hagerstown. more yellow on the map there gaithersburg and county as well as fairfax county. aware it could come down heavier at times. this is a morning event. 45 at dallas. reagan national. in the cooler 30's to the west. lottrimeter not budging a day.ghout the h rain.wit 51 at noon. maybe a lingering shower and...
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Nov 19, 2012
11/12
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CNBC
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. >>> and then the man who many in the technology world call the next steve jobs. you're probably already using something this quiet genius already invented. "the wall street journal report" begins right now. >> this is america's number-one financial news program. "the wall street journal report." now, maria bartiromo. >> here's a look what's making news as we head into a new week on wall street. corporate america had a strong message for president obama this week. ceos from more than a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act, taxes on income, capital gains, dividends and estates will all go up. and automatic spending cuts will kick in, beginning on january 1st. this week, i spoke with alan simpson and erskine bowles, authors of a deficit reduction plan about what needs to be done. >> you can't tax your way out of this. you can't cut spending your way out of this
. >>> and then the man who many in the technology world call the next steve jobs. you're probably already using something this quiet genius already invented. "the wall street journal report" begins right now. >> this is america's number-one financial news program. "the wall street journal report." now, maria bartiromo. >> here's a look what's making news as we head into a new week on wall street. corporate america had a strong message for president obama...
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Nov 14, 2012
11/12
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>> on monday steve grasso and i professed our mutual love for yahoo. the fact that the stock was only down two cents today was impressive. we saw a call by one buying who bought 2,500 of the jan 1 calls. they are breaking even at the 20.20. when you are getting into fresh ground defining your risk by buying calls makes a lot of sense. >> let's see to seema mody tracking the twitter fear. >> facebook is the big story. if you have been checking your twitter feed you might have been able to catch the rally. jc tweeted yesterday with thousands of articles being written about a facebook selloff on expiring lock ups wouldn't it be hilarious if facebook rallied instead. everyone thought it would be down. the question is as paul points out in this tweet does the rally that we saw today have legs? the rally post earnings didn't hold. take a look at the chart. facebook reported on october 23 shares rose and then moved lower. can i hold this level and move higher from here? >> we are using kids dynamite logic. >> you would be surprised. twitter is right. if you w
>> on monday steve grasso and i professed our mutual love for yahoo. the fact that the stock was only down two cents today was impressive. we saw a call by one buying who bought 2,500 of the jan 1 calls. they are breaking even at the 20.20. when you are getting into fresh ground defining your risk by buying calls makes a lot of sense. >> let's see to seema mody tracking the twitter fear. >> facebook is the big story. if you have been checking your twitter feed you might have...
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Nov 14, 2012
11/12
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cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing. another thing is they're having this big discussion internally about the guidance they provide and all i can tell you, michelle, is when i read the minutes, it doesn't sound like the discussion's ready for prime time. they are literally all over the place. they agree it needs to clang. what's the sflem they don't like this calendar dade guidance. they think it should be linked to economic goals, or economic targets. like we will stop keeping rates low when unemployment gets below, x or if inflation gets above y. but they can't agree on the targets. they're worried about the eff
cnbc's steve leisman is here with that. what do they have to say? >> so they told us what i think we knew, which is that they're probably going to do additional asset purchases in january when the extenders -- what they're doing right now, this operation twist -- when that runs out. selling short term, buying long ter term. qe3-plus, maybe qe4. it is another extension of "operation twist" but they'll get rid of the selling and all they'll be doing is buying. that's one thing....
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Nov 12, 2012
11/12
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CNBC
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when you saw the htc it is a total divergence from steve jobs. he wanted to fight tooth and nail to come out with a better product. seems like they are settling and coasting on iphone. i did buy google. i would rather be a buyer of googleal google. >> for more let's bring in steven, technical analyst. what do you see in the charts? seems like a few people are seeing. >> we are looking at the rising 200-day moving average and the s&p 500 is moving. there is a difference between 1370 and 1340 and that is where we think the market can see the support. normal season ality about 1.5%. we are more worried next year. we think you can get a pullback in the first quarter of 2013 in conjunction of the presidential cycle. normally you are weak from the second half of the first year which is 2013 into 2014. we think we can get a rally and a better opportunity to get more profit. >> you are also specifically looking at mega caps as one reason why you are bullish. what are you looking at? >> we think mega caps this year emerged as leadership. we have the s&p 1
when you saw the htc it is a total divergence from steve jobs. he wanted to fight tooth and nail to come out with a better product. seems like they are settling and coasting on iphone. i did buy google. i would rather be a buyer of googleal google. >> for more let's bring in steven, technical analyst. what do you see in the charts? seems like a few people are seeing. >> we are looking at the rising 200-day moving average and the s&p 500 is moving. there is a difference between...
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Nov 14, 2012
11/12
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. >> governor, i mean, to your point, i read it entirely differently from steve. i read it as, i'm probably not going to appoint her -- >> fighting for her. >> i'll get a defense out automatically so that when i don't we don't have to relitigate this again and everyone knows where i stand on my friend susan rice. but you and i talked about this earli earlier, governor and made a bet with a colleague. >> not for $10,000. >> not. >> way more than that. >> you and i agreed against another colleague that if susan rice was put up for nomination we could think of a couple democrats who would oppose her nomination. >> right. >> why would obama waste capital on susan rice when he's got so many other things to worry about right now? >> s.e. makes a good point. the president has to use capital. we need republican cooperation to get anything done in this country, important things. >> right. >> why rip off a scab and an open sore trying to build that cooperation? that's on the one hand. on the other hand, the president i believe, deeply believes that this is unfair but i thin
. >> governor, i mean, to your point, i read it entirely differently from steve. i read it as, i'm probably not going to appoint her -- >> fighting for her. >> i'll get a defense out automatically so that when i don't we don't have to relitigate this again and everyone knows where i stand on my friend susan rice. but you and i talked about this earli earlier, governor and made a bet with a colleague. >> not for $10,000. >> not. >> way more than that. >>...
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type of debt accumulation that is positive versus negative here to answer that and so much more is steve keen he's economist and author of debugging economics which is a great book that you see right there and also one of the great guests to have in studio all the way from down under so first thanks so much for being here so how do you as a wise as always we are so pleased so you said when i came down here from reading those headlines you were you were itching to get on one of them about the business investment you have this investment because if you look at how businesses can invest from that they can invest from the retained earnings or they can also invest by borrowing money now when you go to a will function in capitalist economy the substantial part of investment is funded by additional debt and this is stuff which even conservative economists like summer and french have confirmed in their imperial research they say when there is rising when you have rising levels of did it's financing investment in excess of retiring to earnings and if you have a disk a lot of corporations have bee
type of debt accumulation that is positive versus negative here to answer that and so much more is steve keen he's economist and author of debugging economics which is a great book that you see right there and also one of the great guests to have in studio all the way from down under so first thanks so much for being here so how do you as a wise as always we are so pleased so you said when i came down here from reading those headlines you were you were itching to get on one of them about the...
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making payments on time that's all according to data from trans union doesn't sound great economist steve kean is here in. studio to talk all things debt deflation and it is the business story that really hit home making the local news circuit in a town near you take a look. pies snowball cupcakes all of them will vanish. oh not at the end twinkies of that list of course that's make or hostess brands made no wonder negotiations are going on it turns out twinkies will likely survive not only the zombie apocalypse but also this latest dispute what does that mean for the cottage industry of sellers hawking the snack on line we'll discuss let's get to today's capital account. all right as i said half of the nation's forty biggest publicly traded corporate spenders have announced plans to reduce capital expenditures this year or next according to a review by the wall street journal their filings and their conference calls meanwhile we're talking about consumers americans cranked up their use of credit cards in the third quarter which was july to september racking up more debt than a year ago b
making payments on time that's all according to data from trans union doesn't sound great economist steve kean is here in. studio to talk all things debt deflation and it is the business story that really hit home making the local news circuit in a town near you take a look. pies snowball cupcakes all of them will vanish. oh not at the end twinkies of that list of course that's make or hostess brands made no wonder negotiations are going on it turns out twinkies will likely survive not only the...
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Nov 13, 2012
11/12
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no one knows. >> steve kornacki brought you. >> steve kornacki brings everyone. the shows that i watch didn't make the list, unfortunately, like "duck dynasty," "top shot," but a show i do watch is "the newsro newsroom." i'm a consultant on the show. it's fun to watch about our industry. >> so in a way this whole segment has been about you. >> well, aren't they all? aren't they all? look, there i am again. >> is there anything else in here that we could talk about that relates to s.e.? >> i'm sure we can find something. >> all right, steve, stop reading. >> i was supposed to give this -- i'm supposed to read this and not this. straight ahead, something i find hot, history. s.e.'s take on the party of lincoln and the modern gop civil war, but, first, another personal favorite, seinfeld" on tv guide. >> guess your boyfriend will have to catch the next train. >> he's not my boyfriend. >> he's not? interesting. >> elaine! >> guess your boyfriend is going to have to catch the next train. >> he's not my boyfriend. >> he's not? interesting. [ male announcer ] when was t
no one knows. >> steve kornacki brought you. >> steve kornacki brings everyone. the shows that i watch didn't make the list, unfortunately, like "duck dynasty," "top shot," but a show i do watch is "the newsro newsroom." i'm a consultant on the show. it's fun to watch about our industry. >> so in a way this whole segment has been about you. >> well, aren't they all? aren't they all? look, there i am again. >> is there anything else in...
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Nov 20, 2012
11/12
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CNBC
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you worked at sac i know you know steve cohen. what do you think about the risk for really an iconic hedge fund manager? >> anybody that's an outside investor, almost half, roughly 13 billion, an outsider investor knows this already, that the sec has been trying to get steve for years and years. you mentioned earlier, there's another firm that also has some members or former members that are under indictment or trial. so here's the deal. sac has 500 people. it's tough to influence and to manage all these people. it's incredibly tough compliance procedures in place. i just don't believe he would jeopardize roughly a 6 to $8 billion fortune for even a few hundred million dollars. >> kate, let's bring you back in. sac -- at all, let's make that point. we have to start wonderfing abot the reputational risk as i said in my risk. >> it's very big, scott. there are a few key -- ironically has done well in the last couple of years. ten or 11% year to date and -- criticized for underperforming in the s&p for instance, which was on such a t
you worked at sac i know you know steve cohen. what do you think about the risk for really an iconic hedge fund manager? >> anybody that's an outside investor, almost half, roughly 13 billion, an outsider investor knows this already, that the sec has been trying to get steve for years and years. you mentioned earlier, there's another firm that also has some members or former members that are under indictment or trial. so here's the deal. sac has 500 people. it's tough to influence and to...
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Nov 15, 2012
11/12
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. >> steve jobs, there were very few people he believed in. but the one guy he always wanted in his corner was bono. he wanted him in his economic segment because he's so smart. >> have you ever met him. >> no. >> i have. >> you have? >> i met him up in dabos. >> partied with him? >> it was a late night. but we just spent a little time with him and i was with andrew sorken, he said can we do lunch sometime? can i get your number? he said i'll find you. >> i can't believe you just gave that on air. that's great. >> that's my new one. >> the big news, was he found? >> i don't know. >> we got to get andrew on the show now. >> maybe he'll phone in. >> get an update. >>> today on the closing bell the two men behind simpson bowls deficit reduction plan which has been touted as the answer to the fiscal cliff. >> meantime, duelling earnings from discount retail rivals walmart versus target. which store chain is your best bet as we go into the holiday shopping season. but first -- >> coming up, investigating in market can be a dirty, muddy, ugly race.
. >> steve jobs, there were very few people he believed in. but the one guy he always wanted in his corner was bono. he wanted him in his economic segment because he's so smart. >> have you ever met him. >> no. >> i have. >> you have? >> i met him up in dabos. >> partied with him? >> it was a late night. but we just spent a little time with him and i was with andrew sorken, he said can we do lunch sometime? can i get your number? he said i'll find...
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Nov 12, 2012
11/12
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. >> i'm steve chenevey. let's get to jacqui jeras with a look at the forecast. >> what a beautiful weekend. hope you enjoyed it. it was picture perfect. today is the last of the mild days and we have some clouds already beginning to move in. we will see some patchy fog giving way to thickening clouds. rain is on the way but it should hold off until lit tonight. we start with temperatures in the 40's and 50's. 52 at reagan national 50 dulles and 48 in frederick. we should see 54 by 9:00 and 63 by noon. the high around 68. another warm one but a big drop it temperatures. we will talk more about the rain in a bit but first we will check traffic traffic. hey, steve. >> we will start with a look at the springfield interchange. moving pretty well. it is veterans day today we have no h.o.v. restrictions on 95 395, 66 or the toll road. over to maryland on the beltway new hampshire avenue we have the road work left over on the left side from college park to silver spring. no delay. we have an incident on the inner lo
. >> i'm steve chenevey. let's get to jacqui jeras with a look at the forecast. >> what a beautiful weekend. hope you enjoyed it. it was picture perfect. today is the last of the mild days and we have some clouds already beginning to move in. we will see some patchy fog giving way to thickening clouds. rain is on the way but it should hold off until lit tonight. we start with temperatures in the 40's and 50's. 52 at reagan national 50 dulles and 48 in frederick. we should see 54 by...
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Nov 18, 2012
11/12
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FOXNEWS
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so my question to you, steve, is what's the way out here? is there a way out that if you see it for the republicans? >> well, the republicans and we showed in our editorial this week, the numbers do add up. the republicans should basically say, look, we will close the loopholes. if do you that the people that get hit the hardest are the rich. but i think the most important outcome is to make sure that barack obama does own this economy. i mean, you've seen what happened to the stock market in the last week, since obama was reelected and he's been talking about raising the rates and we've lost over 650 points on the dow jones, so, i'm not so sure that the investment community or even the public really wants those rates to rise as much as barack obama does. >> and just on the math. if you close, if you put a cap on deductions of 50,000 a year per individual. over ten years the estimate is you get almost 800 billion in tax revenue, which is-- >> right, which is center left operation, but, that's, and that's roughly the same as you get from rais
so my question to you, steve, is what's the way out here? is there a way out that if you see it for the republicans? >> well, the republicans and we showed in our editorial this week, the numbers do add up. the republicans should basically say, look, we will close the loopholes. if do you that the people that get hit the hardest are the rich. but i think the most important outcome is to make sure that barack obama does own this economy. i mean, you've seen what happened to the stock...
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Nov 20, 2012
11/12
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here is sal. >>> steve mentioned the winds may be an issue on the bridges and causeway so use care. also this morning we are looking at the commute on 101 that traffic looks good approaching the split, it is 5:00 let's go to the desk. >>> they are dealing with two water-main breaks. we have alex savage there right now, what is going on right now, alex? >> reporter: people in pittsburgh will be waking up without running water and we will show you why, right here. this is that broken water-main and you can see crews are working on it to try and get access and obviously do the repair work necessary to get the water back on. this is the crews in the city of pittsburgh and they are working between york and cutter. this water-main break is running and at this point, both of the streets in this area are dry. we will show what you this looked like when we first got here as crews were pulling water out of the street. the call was about 8:00 this morning and it sent water rushing down the street. we talked with a man who lives a couple of blocks away and he said at the height of this break he
here is sal. >>> steve mentioned the winds may be an issue on the bridges and causeway so use care. also this morning we are looking at the commute on 101 that traffic looks good approaching the split, it is 5:00 let's go to the desk. >>> they are dealing with two water-main breaks. we have alex savage there right now, what is going on right now, alex? >> reporter: people in pittsburgh will be waking up without running water and we will show you why, right here. this is...
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Nov 19, 2012
11/12
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mark halperin and steve are still with us. managing editor of fortune magazine, top businessperson of 2012. we'll get a look at that in just a moment. and in washington, we have the moderator of "meet the press" david gregory. david, thanks for being back with us this monday morning. >> you bet. good morning. >> busy "meet the press" yesterday. >> really business i "meet the prsz" and of course a lot of talk about susan rice who may be the next secretary of state, also a lot of talk about benghazi and the question of whether the white house basically misled the public by sending susan rice out five days afterward when petraeus last week said what he said which was, we knew immediately it was a terror attack from al qaeda. >> we'll start right there. we begin this hour with developments in the on doing con k tro controversy. members of congress are now vowing to find out why the cia's conclusion that terrorism was to blame for the t attack was removed from u.n. ambassador susan rice's talking points. in the days following the d
mark halperin and steve are still with us. managing editor of fortune magazine, top businessperson of 2012. we'll get a look at that in just a moment. and in washington, we have the moderator of "meet the press" david gregory. david, thanks for being back with us this monday morning. >> you bet. good morning. >> busy "meet the press" yesterday. >> really business i "meet the prsz" and of course a lot of talk about susan rice who may be the next...
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Nov 16, 2012
11/12
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>> i like steve wise. did not vote for the president, but i'm willing to meet the president somewhere in the middle. i think republicans have already said, we'll put additional revenue on the table. we don't need to raise tax rates. what we haven't heard from the president is some commitment to address these drivers of our debt. and that's the entitlement programs. until we have some kind of firm commitment there, it's difficult to compromise. >> you're known as a budget hawk, okay, great. why doesn't the president, like he's at this news conference yesterday, why doesn't he tell me instead of $1.5 trillion in tax hikes, why didn't he walk through $1.5 trillion in spending cuts, new spending cut, not warmed-over stuff that's been scored because we're getting out of afghanistan and iraq. brand new, new ball game, okay? and if you give me some revenues, i'll give you some deep spending cuts. where is that, jeff flake? where are the spending cuts? >> we haven't heard it yet. perhaps it's the come. we hope so.
>> i like steve wise. did not vote for the president, but i'm willing to meet the president somewhere in the middle. i think republicans have already said, we'll put additional revenue on the table. we don't need to raise tax rates. what we haven't heard from the president is some commitment to address these drivers of our debt. and that's the entitlement programs. until we have some kind of firm commitment there, it's difficult to compromise. >> you're known as a budget hawk, okay,...
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Nov 18, 2012
11/12
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FBC
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let's go in focus with steve forbes, elizabeth mcdnel, victoria, john and morgan. good to have you all here. steve, unions putting their self interest ahead of shoppers and our economy? >> absolutely. they're still angry they haven't organized wal-ma yet. they're responding to competition and the needs of customers. that's what you're supposed to do in a free market. no one forces people to work at wal-mart. unions don't like the fact they haven't organized wal-mart. >> rick, these folks are getting paid overtime for working on thursday, rig? >> yeah. let's keep in mind what this is about. it's really a one had day convenient. it's probably fair tore characterize it as a row test, a little bit more than atrike. not about wages or benefits. about work conditions, mostly in inland califnia area where they've had big problems with people working in way overheated warehouses, equipment that's not safe. is is what this is about. they've got a problem there. >> what the unions are doing, and again, wal-mart is not unionized, but the unions want the workers to walk out, t
let's go in focus with steve forbes, elizabeth mcdnel, victoria, john and morgan. good to have you all here. steve, unions putting their self interest ahead of shoppers and our economy? >> absolutely. they're still angry they haven't organized wal-ma yet. they're responding to competition and the needs of customers. that's what you're supposed to do in a free market. no one forces people to work at wal-mart. unions don't like the fact they haven't organized wal-mart. >> rick, these...
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Nov 20, 2012
11/12
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FBC
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the real question is steve cohen. what is the future of steve cohen? and where is he? i can tell you in a major way cohen is being eyed by the federal investigators. he's been in the news a lot. we have a very interesting conversation, a deposition he gave in a civil suit. it was a civil suit against fairfax financial, against sac capital. cohen got brought in on the suit. they asked him what was -- what is insider trading? do we have the full screen because this is fascinating stuff. liz: we don't have the name. we don't have the full screen. >> what is going on? [laughter] >> anyway, they asked him, do you know what insider trading, can you give a yes or no answer? what is insider trading? liz: he said i cannot give a yes or no answer. -- >> he said i can't give a yes or no answer. this gets to some ambiguity with insider trading. as someone who sat with a lot of federal investigators, they don't think it's ambiguous. they think there is a real yes or no answer. that's why he's in the crosshairs. we should point out in this case, this fund manager dealt directly with
the real question is steve cohen. what is the future of steve cohen? and where is he? i can tell you in a major way cohen is being eyed by the federal investigators. he's been in the news a lot. we have a very interesting conversation, a deposition he gave in a civil suit. it was a civil suit against fairfax financial, against sac capital. cohen got brought in on the suit. they asked him what was -- what is insider trading? do we have the full screen because this is fascinating stuff. liz: we...
SFGTV2: San Francisco Government Television
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Nov 15, 2012
11/12
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it is very much building on what steve was talking about. the idea of this project was to liberate the data from the vault (inaudible) >> >> >> >> we are ready to begin. welcome to unico i'm albert and i'm very pleased that today we have a number of distinguished guests joining us from the ribbon cutting ceremony, so allow me now a few moments to introduce our guests first of all please welcome san francisco mayor mr. edwin lee. [ applause ] >> >> next please welcome singer, song writer and unico cast member, quopola. [ applause ] >> we also would like to welcome the director of the san francisco zoo, miss tania peterson. >> and now, ladies and gentlemen, let's please welcome unico, ceo mr. tabashi yani. [ applause ] >> and last, but not least, please welcome unico usa chief operating officer, mr. pani... [ applause ] >> at this time, i would like to ask unico ceo, mr. yani to give us a few opening remarks. >> mr. yani please. >> good morning, everyone. yeah, i am now so much excited because of for the opening soon and also i would like to e
it is very much building on what steve was talking about. the idea of this project was to liberate the data from the vault (inaudible) >> >> >> >> we are ready to begin. welcome to unico i'm albert and i'm very pleased that today we have a number of distinguished guests joining us from the ribbon cutting ceremony, so allow me now a few moments to introduce our guests first of all please welcome san francisco mayor mr. edwin lee. [ applause ] >> >> next please...
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Nov 19, 2012
11/12
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that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead story in the wall street journal today with half of the nation's 40 biggest spenders already cutting back as if another recession was on the way here or here. >> cato institute says this should be expected, companies need to protect themselves. michael mandela couldn't disagree more. he says it's nonsense. companies are tightening the purse strings when they have so much cash. michael, any incentive right now? why do you think this is poppycock, the fiscal cliff is not leading to companies investing? >> let's look at it addition let's take a closer look at spending patterns. what's happening is that tech investment is still rising. in fact, tech investment hit an all-time record in the third quarter. it's nontech spending, nontech investment that's collapsing. that has a lot more to do with fundamentals than it does to do with the fiscal cliff. what's happening is that this is becoming a data-driven world
that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead story in the wall street journal today with half of the nation's 40 biggest spenders already cutting back as if another recession was on the way here or here. >> cato institute says this should be expected, companies need to protect themselves. michael mandela couldn't disagree more. he says it's nonsense. companies are...
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Nov 20, 2012
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and from pleasant hill to walnut creek town to alamo, it is a nice drive. 4:46 let's go to steve. >>> well, it is on the mild side, except livermore they have been reporting low to the north wind, 58 in the city and it is a really mild pattern in advance of this very vigorous front but there is rain out ahead of itment it will banally be in the north bay but we will have some rain and it is up in the north coast, but in advance of that a lot of clouds and rain. this look like the north bay and tonight that system moves in as it gets all the way down to the santa cruz mountains down towards north bay and mild temperatures because of that mild southeast and then it is out of here. and we will have to tool with tonight fog, maureen? >>> it happened at 16th and clay. police say the driver hit a truck causing it to flip over. one person had ahead injury but the -- a head injury. the mercedes ran red light away caused the accident before determining if he is competent to stand trial. the defense said the accused shooter is unable to cooperate with his lawyers because he does not understand
and from pleasant hill to walnut creek town to alamo, it is a nice drive. 4:46 let's go to steve. >>> well, it is on the mild side, except livermore they have been reporting low to the north wind, 58 in the city and it is a really mild pattern in advance of this very vigorous front but there is rain out ahead of itment it will banally be in the north bay but we will have some rain and it is up in the north coast, but in advance of that a lot of clouds and rain. this look like the north...
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Nov 19, 2012
11/12
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steve, steve -- steve case here, i was about to tcall you a different steve. steve case has talked about the importance of immigration. i'm curious, are there many students you've had over the years who have left and are there good examples of students who have gone through your program, gone through your classes and ended up going back to their home country and building out great entrepreneurial adventures? >> sure. i've stopped keeping score. this country used to be a magnet for people who came here and fought to stay, and for some reason we've been making it more and more difficult for those who want to stay and we spend an enormous amount of time educating them and then we kind of send them back home. it just doesn't make sense. >> half of the ph.d. and masters candidates at our great research universities are from other nations and about half of those then get kicked out when they want to stay here because they are not really given the opportunity. it's really crazy. we should give them not only the encourage but encourage and ask them to stay here. >> st
steve, steve -- steve case here, i was about to tcall you a different steve. steve case has talked about the importance of immigration. i'm curious, are there many students you've had over the years who have left and are there good examples of students who have gone through your program, gone through your classes and ended up going back to their home country and building out great entrepreneurial adventures? >> sure. i've stopped keeping score. this country used to be a magnet for people...
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Nov 12, 2012
11/12
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now to steve for the traffic. can't call in a commuting a federal holiday. >> 14th street bridge hardly any vehicles. that means the way up 95 and 395. and the h.o.v. restrictions are lifted on the virginia interstate and probably 270 also but they have not confirmed that. route 15 maryland they always stay in effect. southbound lanes of 270 here we are 109 hyattstown looks pretty good with late traffic. down to the divide that is looking good. we will look at springfield where everything is moving smoothly in the main lanes and h.o.v.'s. hardly any commute so far. that is good and incident free. we had the report southbound 395 at duke street on the right side of the road out of camera range but it is coming up at speed. back to you. >> it is 5:14 rye in and out and looking -- right now and what a rough weekend for nfl quarterbacks. that is one of the bigger hits. learn which stars had to leave a game with >> we want to get to the live desk following a story with the british royals. >> this story is coming from n
now to steve for the traffic. can't call in a commuting a federal holiday. >> 14th street bridge hardly any vehicles. that means the way up 95 and 395. and the h.o.v. restrictions are lifted on the virginia interstate and probably 270 also but they have not confirmed that. route 15 maryland they always stay in effect. southbound lanes of 270 here we are 109 hyattstown looks pretty good with late traffic. down to the divide that is looking good. we will look at springfield where everything...
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Nov 14, 2012
11/12
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>>> -- thank you, steve. >>> a plane crashed into a home in mississippi causing a huge fire. where was it headed is an ironic swift to a story -- twist to the story. >>> and a woman is diagnosed with breast cancer at the age of 21, stay tuned. . >>> time now 4:52, we are learning a small plane that crashed in miss my were on their way to an faa safety conference. they left shortly after take off and never made it. all three pile lots were killed. one person in the house did manage to escape the burning home with minor injuries. >>> investigators now know where two poisonous mushrooms in an elder care facility came from. the caretaker at the home had into no idea mushrooms had sprouted after recent rains. the cook used those in assume. two died, and four others including the caretaker were sent to the hospital. >>> they say where you carry your cell phone could affect you. many are using their bras as holsters. she was diagnosed with breast cancer at the able of 2 is. the location of the tumors matched where she carried her cell phone. nobody should carry a phone next to their
>>> -- thank you, steve. >>> a plane crashed into a home in mississippi causing a huge fire. where was it headed is an ironic swift to a story -- twist to the story. >>> and a woman is diagnosed with breast cancer at the age of 21, stay tuned. . >>> time now 4:52, we are learning a small plane that crashed in miss my were on their way to an faa safety conference. they left shortly after take off and never made it. all three pile lots were killed. one person...
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Nov 19, 2012
11/12
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matt mccormick, portfolio manager, and steve masoka. steve do you agree or disagree with goldman stocks are likely to go down? >> i beg to disagree. i think that the market way overreacted to this fiscal cliff news. i think we saw very conciliatory talk coming out of both republicans and democrats. i think there is a deal that will be made before the end of the year and i think that deal will be done by essentially not cutting the deficit as much as one had anticipated. yes we'll get tax increases but they won't be as great as the democrats had asked for, and yes we'll get spending cuts but they won't be as great as the republicans have asked for and then we'll all go off to christmas very happy and smiley. i think the market senses that now after the friday press conference and that's what you see in this rally today. >> basically you are saying it is a whole much to do about nothing. with regards to dividends, matt, this is what your firm specializes in. you're poo-pooing this theory that people are dumping dividend paying stocks ahea
matt mccormick, portfolio manager, and steve masoka. steve do you agree or disagree with goldman stocks are likely to go down? >> i beg to disagree. i think that the market way overreacted to this fiscal cliff news. i think we saw very conciliatory talk coming out of both republicans and democrats. i think there is a deal that will be made before the end of the year and i think that deal will be done by essentially not cutting the deficit as much as one had anticipated. yes we'll get tax...
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Nov 20, 2012
11/12
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thank you, steve, we appreciate it. >> michelle, we are talking lower than 2 1/2%. below that number. maybe 2%. maybe 2%. >> we as a nation don't i don't think ever find that acceptable. thanks, steve. >> right. >>> kenny polcari, end pend dent trader sitting on the set with me. likely recession, no matter what shallow big? >> is it going to be shallow other sfwhig that is going to depend on what happens in washington. interesting that steve said that he thought that bernanke gave a doomy assessment. i actually think bernanke was very realistic, saying listen, this is the way it is going to be. you can't make it be optimistic when itville not optimistic as far as d.c. not really carrying on and doing the job. >> your point, when we were chatting earlier, let's say they get the fiscal cliff resolved, in the meantime, companies have already been act. they have done discounting in the worse case. >> what is bernanke going to be able to do, go over and enter a recession, which he said, most people going there is he going to be able to prevent the depth of it? is the fed
thank you, steve, we appreciate it. >> michelle, we are talking lower than 2 1/2%. below that number. maybe 2%. maybe 2%. >> we as a nation don't i don't think ever find that acceptable. thanks, steve. >> right. >>> kenny polcari, end pend dent trader sitting on the set with me. likely recession, no matter what shallow big? >> is it going to be shallow other sfwhig that is going to depend on what happens in washington. interesting that steve said that he thought...
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Nov 16, 2012
11/12
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let's go to steve. >> thank you. a very good morning. our system is beginning to move in right there. there is two parts of it. that is just off the san mateo and santa cruz coast. then the low will swing in. everything is beginning to take shape. coming in exactly as advertised. the models were spot on. you can see what was happening. juices up the atmosphere will get steady rain, light rain. this doesn't look like a downpour. there is heavier bans offshore. they will come in between 7:00 and 9:00. but cloudy with rain. off and on rain today. once the low comes in we may get heavier bans that won't be until later this afternoon. then we will see another system in. cloudy skies. rain begins this morning and takes us into tonight. we'll get a little bit of a break saturday and the next colder system is saturday night into sunday morning and we see a clearing take place. sunday may not be bad. nice on monday. cloud it up on tuesday pam. >> thank you. >>> time now coming up on our 5:00 hour tonight is the grand opening of the downtown ice r
let's go to steve. >> thank you. a very good morning. our system is beginning to move in right there. there is two parts of it. that is just off the san mateo and santa cruz coast. then the low will swing in. everything is beginning to take shape. coming in exactly as advertised. the models were spot on. you can see what was happening. juices up the atmosphere will get steady rain, light rain. this doesn't look like a downpour. there is heavier bans offshore. they will come in between...
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Nov 15, 2012
11/12
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if steve? >> and update on metrorail still single tracking on the red line between the wheaton and glenmont stations because of a track obstruction glenmont. this expect delays on the red line and especially in silver spring area. northbound george washington parkway, memorial bridge, one of the two caught -- to talk tractor-trailer stuck under the bridge. have to remove that. was not supposed to be there in the first place. gw parkway toward the memorial bridge, stay over to the left. back to you. >> in routine delivery for a prince george's county sheriff's deputy and upturning deadly. >> the deputy said he was forced to shoot and kill an armed man who confronted him when he delivered a peace order in riverdale. john gonzalez is a lot along 53rd avenue with more as this story develops. >> this is an example just how dangerous the sheriff deputies job can be. a 10-year veteran in prince george's county came to the riverdale neighborhood at 7:30 p.m. in the evening specifically to this home her
if steve? >> and update on metrorail still single tracking on the red line between the wheaton and glenmont stations because of a track obstruction glenmont. this expect delays on the red line and especially in silver spring area. northbound george washington parkway, memorial bridge, one of the two caught -- to talk tractor-trailer stuck under the bridge. have to remove that. was not supposed to be there in the first place. gw parkway toward the memorial bridge, stay over to the left....
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Nov 12, 2012
11/12
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during amazon book review of patriot history of the united states had met steve dougherty and arkansas businessman historian computer expert from evening shade. we first became a top to bottom review of sidney p. church history the united states and over time i discovered he's a wonderful co-author, so i asked him to help me with history of the modern world. he proved especially good in areas where it was the tennessee former intelligence officer in the army, he brought a new perspective to the cold war, especially the second volume we are working on now. as john mentioned, this is volume one deficit to 1945 and volume two will be out about this time next year, 1946 to president. i have to warn readers, such as those who see me speak before probably know me for a little more lighthearted insertion, but this is instead dominated by two unspeakably deadly wars sandwiched around a nearly worldwide depression and characterized by such villains as miscellany, stallman and hitler. i don't even think joe biden cannot get that material. while we have some sidebar section, one of my favorite is
during amazon book review of patriot history of the united states had met steve dougherty and arkansas businessman historian computer expert from evening shade. we first became a top to bottom review of sidney p. church history the united states and over time i discovered he's a wonderful co-author, so i asked him to help me with history of the modern world. he proved especially good in areas where it was the tennessee former intelligence officer in the army, he brought a new perspective to the...
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Nov 12, 2012
11/12
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let's go to steve it's cold. yes, yes, yes. but not as cold as sunday morning when we had clear skies. saw a little ice out there. colder start, though, for many. we had a pretty cold system. a couple of degrees. yesterday was a cold day, even though this was -- was sunny. low to mid-60s today. san jose will be the warmest on this panel at 65. but a little warmer probably into wednesday. high pressure says i'm not that strong. i'm going to send everything to the north. upper 60s. maybe eke out a 70. ignore that. that's just needback from the sacramento radar a lot of 30s. plenty to go around. it could be colder in we didn't have a slight breeze. the more clouds, the more you go -- you can see them stretching right there and there. a stronger system digs offshore for wednesday. eventually the system will make our way -- make its way toward us. a lot of lead time. partly sunny to the north. some higher clouds. temperatures starting off in the 30s and 40s. we'll end up with 60s, coast, bay, inland. it will be a fine line. temperat
let's go to steve it's cold. yes, yes, yes. but not as cold as sunday morning when we had clear skies. saw a little ice out there. colder start, though, for many. we had a pretty cold system. a couple of degrees. yesterday was a cold day, even though this was -- was sunny. low to mid-60s today. san jose will be the warmest on this panel at 65. but a little warmer probably into wednesday. high pressure says i'm not that strong. i'm going to send everything to the north. upper 60s. maybe eke out...
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Nov 19, 2012
11/12
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steve, you're on twitter too right. >> sp weather. you know i love it. absolutely. great information. if you have information that is the best way to get ahold of me by a mile. football forecast looks gad. partly cloudy. mostly cloudy. but nothing you can't handle. or nothing you have never seen before. tuesday night yes but not monday night. the track has lifted a little bit to the north. mostly cloudy today. temperatures already in the 50s. patchy fog. i think that will be a huge issue end of the week. there might be a little bit today. you need clear skies and we're not getting that. light rain up toward mendocino county or lake county as well. see a couple bans near ukiah. this is very weak. this is a system that is on its way. but not for another 36 hours. there is a lot of rain up to the north. we have to wait until tuesday night and wednesday. when this goes through and the pattern changes. so clouds and sun. mostly cloudy. could be very light rain to the north. but again this system rain picks up a little bit. but again it's not going to be -- we will fine t
steve, you're on twitter too right. >> sp weather. you know i love it. absolutely. great information. if you have information that is the best way to get ahold of me by a mile. football forecast looks gad. partly cloudy. mostly cloudy. but nothing you can't handle. or nothing you have never seen before. tuesday night yes but not monday night. the track has lifted a little bit to the north. mostly cloudy today. temperatures already in the 50s. patchy fog. i think that will be a huge issue...
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Nov 12, 2012
11/12
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we go right over to steve, who knows? >>> good morning in san francisco, driving touchdown town area, if you are driving to the bridge, there is a little bit of a backup, there may be outside cash lanes, let's go back to the desk. >>> happening now, there may be a positive development at the grocery stores, negotiations with management are set to resume in just a few hours, joining us from alameda, what is going on, alex? >>> there is a sense of frustration where you can see a handful of workers are out here braving some cold temperatures. they have a little bond fire so they can stay warm this morning. they are excited because talks picked back up between management and 7500 grocery workers across california. they will be going back to the bargaining table at 9:00 this morning. both sides have agreed not to discuss in detail the ongoing negotiations but workers walked off the job weeks ago. this dispute centers around wage freezes and benefit cuts and this morning picketers will bring renewed talks on a new contract. >>
we go right over to steve, who knows? >>> good morning in san francisco, driving touchdown town area, if you are driving to the bridge, there is a little bit of a backup, there may be outside cash lanes, let's go back to the desk. >>> happening now, there may be a positive development at the grocery stores, negotiations with management are set to resume in just a few hours, joining us from alameda, what is going on, alex? >>> there is a sense of frustration where you...
SFGTV: San Francisco Government Television
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Nov 17, 2012
11/12
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steve seltzer, -- caine, linda cooks, -- din. so go ahead and go to the podium, if i called your name, and you have two minutes eachaw >>hn5<[a7eç my name is steve seltzer with the united public workers for action. i just passed out a document from jeannie pond concerningn!%2
ló that school by nat]@ñ?ñ? thalia everyhart, the principle. there's a video. >> no namesañ?ñ? please. >> on top of that the principal gave away the band and -- what kind of bus09u#zijjp &c @&c"p% we havec ? in san francisco, in honor of martin luther king where a school of black and'Ññ?ñ? latino students has removed the music04úzy g and art programs. and this superintendent is alsoéiñ?ñ? on a board funded by bechtel which wants to have awkdp: common core of program of test,xxñ?ñ? but can't provide funding fo
steve seltzer, -- caine, linda cooks, -- din. so go ahead and go to the podium, if i called your name, and you have two minutes eachaw >>hn5
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Nov 14, 2012
11/12
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let us check on traffic with steve. good morning. >> let us take a look at a map in prince william county virginia. an accident closing southbound or eastbound prince william county at wellington and rd. it looks like everything is open a. take a look at the beltway. new hampshire avenue, they picked up the road work. no delays around the beltway. all the overnight roadwork also being picked up. and near springfield, things are moving smoothly. all the way up to 395 across the 14th street bridge into town. >> thank you. your giving me the chance to win thousands of dollars in free groceries. >> perfect this time of year especially. from now until wednesday -- thursday watch for the daily clue. the winner will be announced each day until next tuesday. and then on november 21, one winner get a $5,000 gift card. good luck with that. that will keep you going through the holiday season. 4:44 is the time. 36 degrees. >> new details on the fiscal cliff showdown between the white house and congress. learn what president obama >
let us check on traffic with steve. good morning. >> let us take a look at a map in prince william county virginia. an accident closing southbound or eastbound prince william county at wellington and rd. it looks like everything is open a. take a look at the beltway. new hampshire avenue, they picked up the road work. no delays around the beltway. all the overnight roadwork also being picked up. and near springfield, things are moving smoothly. all the way up to 395 across the 14th street...
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Nov 19, 2012
11/12
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precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington. representative smith, thanks for joining us. i can't think of a better name for a guest on cnbc. >> people are always disappointed that i don't know a lot more about economics than i actually do. but at least it is good to have the name. >> you know what the invisible hand is, at a minimum. >> only too well. >> first of all, before we get into the details of the fiscal cliff, what would you say to americans who don't understand why congress is gone on vacation this week when there's such a huge bit of work -- or piece of work that needs to get done this week when it comes to the fiscal cliff or before the end of the year? >> first of all, we're not on vacation. i'm in my district right now driving through the rain in the pacific northwest. visiting businesses and schools and a big part of our job is listening to our constituents and interacting with our constituents and talking to the
precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington. representative smith, thanks for joining us. i can't think of a better name for a guest on cnbc. >> people are always disappointed that i don't know a lot more about economics than i actually do. but at least it is good to have the name. >> you know what the invisible hand is, at a minimum. >> only...
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Nov 16, 2012
11/12
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i am steve chenevey. >> i am pamela brown. cynne simpson is in new york ready for her big debut.g here is jacqui jeras. you guys will have to watch at 3:00 on abc 7. meantime, waking up to again today. take a look at the satellite picture. overcast.is there are some sprinkles to the east of the metro area. very heavy is expected. will be out of here shortly. i think we will get a little .unshine this afternoon now it reagan national, n manassas, 44 in fredericksburg, 38 at bwi marshall. 28 in petersburg. 29 in petersburg. 40 in charlottesville. expected mostly cloudy skies at degrees at 9:00, 51 at noon with some breaks in the clouds. a little sunshine this cloudy, 53partly 5:00.s at your thanksgiving forecast is coming up. will tell you how to seize the s weekend.wers thi a check on traffic and weather with steve. >> 395 at duke street, looks very good. springfield towards the 14th street bridge, lanes are open. toing well all the way up streetoss the 14th bridge. problemsdistrict, no the third street tunnel. no. montgomery c
i am steve chenevey. >> i am pamela brown. cynne simpson is in new york ready for her big debut.g here is jacqui jeras. you guys will have to watch at 3:00 on abc 7. meantime, waking up to again today. take a look at the satellite picture. overcast.is there are some sprinkles to the east of the metro area. very heavy is expected. will be out of here shortly. i think we will get a little .unshine this afternoon now it reagan national, n manassas, 44 in fredericksburg, 38 at bwi marshall....